Essa bancorp, inc. (ESSA)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
OPERATING ACTIVITIES
Net income

12,623

6,531

7,339

-

-

-

-

-

-

-

-

Net income

-

-

-

7,727

9,791

8,504

8,823

215

5,258

4,512

6,556

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses

2,076

4,000

3,350

2,550

2,075

2,350

3,750

2,550

2,055

2,175

1,500

Provision for depreciation and amortization

1,084

1,177

1,305

1,661

1,326

1,261

1,145

986

1,082

1,228

1,197

Amortization and accretion of discounts and premiums, net

-2,945

-4,259

-4,458

-4,053

-2,389

-1,199

-1,504

-1,567

-1,195

-775

60

Net gain on sale of investment securities

44

162

-

-

-

-

-

-

-

-

-

Net gain on sale of investment securities

-

-

295

-

-

-

-

-

-

-

-

Impairment loss on securities

-

-

-

-

-

-

-

-

-

-

-68

Net gain on sale of investment securities

-

-

-

1,258

786

333

749

343

778

1,220

178

Gain on sale of loans, net

-

-

-

-

-

-

426

282

3

354

430

Origination of mortgage loans sold

-

-

-

-

-

-

19,530

7,966

97

13,478

7,036

Proceeds from sale of mortgage loans originated for sale

-

-

-

-

-

-

19,956

8,248

100

13,832

7,139

Compensation expense on ESOP

700

725

686

612

561

500

485

469

555

556

614

Stock based compensation

544

350

331

192

113

219

1,516

2,151

2,162

2,143

2,151

Unrealized gain on equity securities

5

-

-

-

-

-

-

-

-

-

-

Increase in accrued interest receivable

-415

491

380

516

7

648

-544

-73

-199

-27

-307

Increase in accrued interest payable

15

326

-3

116

35

-2

-295

-836

-161

-140

116

Earnings on bank-owned life insurance

971

1,004

1,033

938

935

923

949

806

638

547

556

Deferred federal income taxes

1,026

4,572

754

-158

784

1,386

1,188

-

-

-

-

Decrease in prepaid FDIC insurance premiums

-

-

-

-

-

-

-1,934

1,340

-699

1,293

163

Decrease in accrued pension liability

-478

-496

217

548

206

-344

4,587

379

419

575

444

Deferred federal income taxes

-

-

-

-

-

-

-

1,825

-274

-177

-858

Loss (gain) on foreclosed real estate, net

81

24

370

-27

167

-

468

-112

-35

-1,200

-5

(Gain) loss on foreclosed real estate

-

-

-

-

-

466

-

-

-

-

-

Amortization of identifiable assets

309

469

643

763

637

959

991

436

135

-

-

Loss on disposal of fixed assets

-

-562

-

-

-

-

-

-

-

-

-

Gain on acquisition

-

-

-

-

-

241

-

-

-

-

-

Other, net

-1,968

2,592

2,480

2,780

3,314

1,047

-812

-2,111

-1,755

-2,397

-1,250

Net cash provided by operating activities

-

-

-

18,159

19,336

14,468

23,194

-

-

-

-

Net cash provided by operating activities

18,190

23,386

19,482

-

-

-

-

5,327

10,188

7,417

9,566

INVESTING ACTIVITIES
Proceeds from repayments of certificates of deposit

-

-

-

-

-

-

-

-

-

5,385

3,497

Purchase of certificates of deposit

-

-

-

-

250

-

501

1,250

-

-

-

Certificate of deposit maturities

500

-

750

500

-

-

-

-

-

-

-

Proceeds from sale of investment securities

45,721

37,889

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities

-

-

-17,378

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities

-

-

-

-

-

-

-

-

5,787

-

-

Certificate of deposit maturities

-

-

-

-

267

-

-

-

2,523

4,065

-

Purchase of certificates of deposit

-

-

-

-

-

-

-

-

-

-

4,907

Proceeds from sale of investment securities

-

-

-

63,370

20,953

25,354

39,212

44,844

18,856

43,471

23,890

Proceeds from principal repayments and maturities

46,957

53,399

60,776

75,155

60,241

40,948

95,919

72,667

93,711

64,445

95,395

Purchases

20,729

86,929

87,176

112,056

74,531

77,836

131,264

91,967

96,814

143,023

126,150

Purchases

-

-

-

-

-

-

-

-

2,001

10,163

-

Proceeds from principal repayments and maturities

-

-

-

-

-

-

-

-

-

-

5,125

Increase in loans receivable, net

4,996

76,079

25,765

973

49,790

-18,201

-16,719

4,353

13,276

268

49,887

Redemption of regulatory stock

18,351

24,639

22,334

21,371

16,352

3,246

13,795

-

-

-

-

Proceeds from sale of loans

-

-

-

-

-

-

-

-

-

-

19,592

Redemption of regulatory stock

-

-

-

-

-

-

-

-3,793

-3,845

-

-509

Purchase of regulatory stock

16,957

23,780

20,703

22,114

15,899

6,546

1,296

-

-

-

-

Purchase of residential real estate loans

22,294

-

-

-

-

-

-

-

-

-

-

Purchase of bank owned life insurance

-

-

-

5,000

-

-

-

8

7,000

-

-

Purchase of FHLB stock

-

-

-

-

-

-

-

-

-

-

2,048

Investment in limited partnership

-

476

1,132

367

-

98

327

4,951

2,441

-

2,729

Acquisition, net of cash acquired

-

-

-

16,174

-

15,174

-

24,611

-

-

-

Proceeds from sale of foreclosed real estate

1,218

1,566

4,012

-

-

-

-

-

-

-

-

Capital improvements to foreclosed real estate

-

-

36

-

-

151

-

-

-

-

-

Proceeds from sale of foreclosed real estate

-

-

-

2,060

3,254

3,028

3,150

2,354

3,318

308

21

Purchase of premises, equipment and software

830

-39

645

-

-

-

-

-

-

-

-

Capital improvements to foreclosed real estate

-

-

-

-

85

-

96

-30

-46

-71

-

Purchase of insurance subsidiary

-

-

-

-

-

-

-

-

2,025

-

-

Investment in insurance brokerage subsidiary

-

-

-

-

-

-

276

374

-

-

-

Purchase of premises, equipment, and software

-

-

-

1,098

878

677

806

799

353

2,813

1,057

Net cash used for investing activities

-

-

-

4,674

-40,366

-9,705

34,229

-

-

-

-

Net cash used for investing activities

46,941

-69,732

-30,207

-

-

-

-

75,398

4,084

-38,664

-38,749

FINANCING ACTIVITIES
Decrease in deposits, net

5,975

61,994

60,041

-34,207

-37,135

-78,108

51,422

12,044

97,514

131,555

38,326

Net increase in short-term borrowings

-72,072

42,327

7,986

38,121

-16,681

85,020

-20,281

39,281

-10,719

-33,372

8,581

Proceeds from other borrowings

107,105

43,630

63,057

101,300

91,101

55,750

27,800

23,150

38,300

20,350

127,260

Repayment of other borrowings

85,247

99,075

119,490

99,800

13,300

63,887

90,000

177,338

89,247

75,500

110,000

(Decrease) Increase in advances by borrowers for taxes and insurance

-126

1,663

-

-

-

-

-

-

-

-

-

Increase in advances by borrowers for taxes and insurance

-

-

207

683

180

-869

1,530

-1,425

-84

88

-670

Purchase of treasury shares

7,797

-

-

301

3,132

4,216

14,501

332

16,917

17,000

25,938

Exercising of stock options

-

1,575

779

18

-

-

-

-

-

-

-

Dividends on common stock

4,266

3,912

3,830

3,747

3,546

2,800

2,295

2,249

2,315

2,577

2,397

Net cash provided by (used for) financing activities

-

-

-

2,067

17,487

-9,110

-46,325

-

-

-

-

Net cash provided by (used for) financing activities

-56,428

48,202

8,750

-

-

-

-

-106,869

16,532

23,544

35,162

Increase and decrease in cash and cash equivalents

8,703

1,856

-1,975

-

-

-

-

-

-

-

-

Decrease in cash and cash equivalents

-

-

-

24,900

-3,543

-4,347

11,098

-26,144

30,804

-7,703

5,979

SUPPLEMENTAL CASH FLOW DISCLOSURES
Cash Paid:
Interest

20,734

15,942

12,802

-

-

-

-

-

-

-

-

Interest

-

-

-

11,251

10,355

10,629

11,552

16,489

18,441

21,446

23,623

Income taxes

-

-2

-389

-700

375

-

662

300

2,475

1,869

3,150

Noncash items:
Transfers from loans to foreclosed real estate

236

1,259

2,371

2,266

2,723

2,623

1,699

2,685

3,349

926

2,573

Pension plan curtailment

-

-

4,579

-

-

-

-

-

-

-

-

Unrealized holding gain (loss) on investment securities available for sale

15,414

-12,988

-7,393

1,550

-

-

-

-

-

-

-

Transfers from held-to-maturity investments to available-for-sale investments

-

-

-

-

-

-

-

-

-6,442

-

-

Brokered certificate purchase not settled

-

-

-

-

-

-

-

5,597

-

-

-

Cash paid

-

-

-

-

-

-

-

-

2,025

-

-

Cash received

-

-

-

-

-

-

-

55,472

-

-

-

Investments available for sale

-

-

-

36,275

-

55,901

-

-

-

-

-

Loans receivable

-

-

-

123,380

-

153,218

-

-

-

-

-

Regulatory stock

-

-

-

889

-

1,569

-

-

-

-

-

Premises and equipment

-

-

-

945

-

1,802

-

4,881

-

-

-

Foreclosed real estate

-

-

-

-

-

436

-

-

-

-

-

Accrued interest receivable

-

-

-

185

-

3

-

1,059

-

-

-

Intangible assets

-

-

-

1,491

-

889

-

2,068

1,960

-

-

Treasury stock payable

-

-

-

-

-

-

-

-

-175

-175

-1,008

Goodwill

-

-

-

3,542

-

1,442

-

8,127

40

-

-

Deferred tax assets

-

-

-

715

-

1,031

-

11,760

-

-

-

Other assets

-

-

-

1,989

-

2,504

-

1,702

-

-

-

Noncash assets acquired

-

-

-

-

-

218,795

-

365,366

2,000

-

-

Certificates of deposit

-

-

-

32,408

-

93,938

-

-

-

-

-

Deposits other than certificates of deposit

-

-

-

119,865

-

77,000

-

-

-

-

-

Accrued interest payable

-

-

-

64

-

-

-

479

-

-

-

Borrowings

-

-

-

-

-

30,177

-

61,238

-

-

-

Other liabilities

-

-

-

900

-

2,265

-

3,270

-

-

-

Total liabilities

-

-

-

-

-

203,380

-

408,532

-

-

-

Net noncash assets acquired

-

-

-

16,174

-

15,415

-

-43,166

2,000

-

-

Cash acquired

-

-

-

8,481

-

-

-

-

-

-

-

Cash acquired

-

-

-

-

-

-

-

67,777

-

-

-